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US court gives Three Arrows nod to increase its FTX claim to $1.53B

US court gives Three Arrows nod to increase its FTX claim to $1.53B

A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion.Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof of claim (POC) fro…

Bitcoin holds $95K support despite heavy selling pressure

Bitcoin holds $95K support despite heavy selling pressure

Bitcoin is steadily trading above the key $95,000 psychological support despite one of the largest intraday selling events since 2022.Bitcoin’s price staged a significant reversal after it briefly bottomed at an over one-week low of $94,726 on Feb. 9, Cointelegraph Markets Pro data shows.Bitcoin pr…

Rune drops 30% as THORChain suspends THORFi operations amid ‘restructuring’ efforts

Rune drops 30% as THORChain suspends THORFi operations amid ‘restructuring’ efforts

Cross-chain swap protocol THORChain has paused its THORFi services as it faces financial uncertainties with allegations of insolvency swirling around.The move is part of a 90-day "restructuring" plan to reduce the issues associated with "Savers and Lending" programs, which appear to have accumulated…

Why Pierre Poilievre may not be Canada’s crypto savior

Why Pierre Poilievre may not be Canada’s crypto savior

Canadian Conservative front-runner Pierre Poilievre has become a darling among crypto proponents, who say he will usher in a new era of financial freedom — but others fear he has more to lose than gain by embracing crypto in this upcoming election cycle.After former Canadian Prime Minister Justin Tr…

US prosecutors estimate over 1 million victims in Do Kwon’s criminal case

US prosecutors estimate over 1 million victims in Do Kwon’s criminal case

U.S. prosecutors, who have filed criminal charges against former Terraform Labs CEO Do Kwon, estimate that the collapse of TerraUSD and Luna cryptocurrency potentially affected more than one million victims.“While it is difficult to precisely quantify the number of Kwon’s victims … the Government es…

Do Kwon in US custody, South Korean president impeached: Law Decoded

Do Kwon in US custody, South Korean president impeached: Law Decoded

Terraform Labs co-founder Do Kwon was handed over to United States law enforcement by authorities in Montenegro after a months-long battle over where he would be extradited.Montenegrin Prime Minister Milojko Spajić said in a Dec. 31 X post that Kwon was in US custody and would face criminal charges …

Ether may ‘struggle’ in 2025, SOL ETF odds rise, and more: Hodler’s Digest, Dec. 29 – Jan. 4

Ether may ‘struggle’ in 2025, SOL ETF odds rise, and more: Hodler’s Digest, Dec. 29 – Jan. 4

Top Stories of The WeekOdds of 2025 US Solana ETF listing top 77%: VanEck research headThe odds of a Solana exchange-traded fund (ETF) listing in the United States this year are even higher than a popular betting markets optimistic forecast, according to Matthew Sigel, VanEcks head of digital assets…

Ether may ‘struggle’ in 2025, SOL ETF odds rise, and more: Hodler’s Digest, Dec. 29 – Jan. 4

Ether may ‘struggle’ in 2025, SOL ETF odds rise, and more: Hodler’s Digest, Dec. 29 – Jan. 4

Top Stories of The WeekOdds of 2025 US Solana ETF listing top 77%: VanEck research headThe odds of a Solana exchange-traded fund (ETF) listing in the United States this year are even higher than a popular betting markets optimistic forecast, according to Matthew Sigel, VanEcks head of digital assets…

Will the Terra Classic Price Crash As The Shuttle Bridge Shuts?

Will the Terra Classic Price Crash As The Shuttle Bridge Shuts?

The Terra Classic price crawled back on Tuesday, November 5, reaching an intraday high of $0.000086. This LUNC recovery happened after Terra announced that it had permanently closed the Shuttle Bridge and burned the remaining tokens. Terra Classic Price Reacts to Shuttle Bridge Closure In an X post,…

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Terra Luna Classic Community Approves New Tax Management Proposal

Terra Luna Classic Community Approves New Tax Management Proposal

Terra Luna Classic community simplifies tax management with a new proposal. The new mechanism eliminates double taxation for smart contracts. Continue Reading:Terra Luna Classic Community Approves New Tax Management Proposal The post Terra Luna Classic Community Approves New Tax Management Proposal …

Ömer Ergin
LUNC News: Tax Handling Proposal Passed By Terra Luna Classic Community

LUNC News: Tax Handling Proposal Passed By Terra Luna Classic Community

The Terra Luna Classic community has approved a new tax handling proposal aimed at simplifying the tax system on the Terra Classic blockchain. This “Reverse Charge” mechanism changes how taxes are deducted in transactions, making it easier for developers and users to navigate the system. Subsequentl…

Kelvin Munene Murithi
Emerging Crypto Contenders: Qubetics, Terra, and Dome of Unity – Which One Will Shape the Future?

Emerging Crypto Contenders: Qubetics, Terra, and Dome of Unity – Which One Will Shape the Future?

As the cryptocurrency landscape continues to evolve, new and exciting coins are emerging that could redefine the future of digital assets. While established names like Bitcoin and Ethereum continue to hold ground, innovative contenders such as Qubetics, Terra, and Dome of Unity are capturing attenti…

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